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Taxation of investment
services companies
A
package of fiscal incentives has been introduced to attract to Malta the
management and administrative support that will be required for Maltese
funds. Maltese investment services companies which are licensed under,
the Investment Services Act enjoy a generous package of additional deductions,
including:
-
200% deductions on building
occupancy costs (eg. rent, heating, etc.) for the first ten years;
-
200% deductions on salaries
paid to Maltese staff for the first ten years; and
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tax relief on funds
invested in schemes managed by themselves.
Investment
services companies are not able to surrender their, losses to other members
of the group under the new group relief provisions. |
Malta
as a Tax Friendly Jurisdiction
